tayalsmith

STAN today analysis

Long
LSE_EOD:STAN   None
STAND -CHARTD PLC BUY
TARGET 176.50
The Major trend of STAND -CHARTD PLC is showing strength for buying If it breaks the resistance level then one can initiate buying position in the stock.
Resistance level of 460.50 Target of 470.50 with the stop loss of 450.50

CHART FORMATION:-
Stock is trading in a range and trading near the trend line. Breaking the support line will lead to upside movement. Stock is trading above the 50 DMA with negative bias.

INDICATORS:-
RSI is trading near to 55.40 levels with positive bias, in upcoming session upside movement is expected.

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